Buying a House vs Renting

[LaChup 233]

7 hours ago, edjr said:

I bought in 2015, was a great time to buy. you lie or your family is poor.

I don't lie and you couldn't afford to rent a room in my family's house. But I will admit, home prices and high interest rates are one of Joe's strengths.

[TimHauck 2,869]

9 hours ago, seafoam1 said:

Wrong again. Tell me of your current renting experience. Do you think their property taxes are laid upon each resident in full? 

For a dwelling that is occupied for a full year, 100% yes the owner’s property taxes are being covered by the rent they are receiving.  There are certainly owners that are receiving less rent than their total mortgage payment, but less than their property taxes alone is not going to happen.

[Jose M 125]

12 hours ago, IGotWorms said:

So does the renter who got $0 out of the bargain

 

We've already covered that.  Try to keep up:

13 hours ago, Jose M said:

And yeah, if Seafoam is not needing a home with 4 bedrooms - for just himself and his girlfriend who travel a lot, buying a large home would be dumb.  The apples-oranges comparison would be the exact opposite of Worm's argument.  He's probably saving so much money with no property tax, maintenance etc for the size of property he needs to live, as compared to Worm, his investments would crush his.  That's just a more money coming in than going out math problem.

 

11 hours ago, IGotWorms said:

If he’s renting a cheap piece of sh1t place, that changes nothing. He could’ve bought the cheap piece of sh1t place and he’d still pocket the proceeds in the end. They’d be less proceeds since it’s a cheap piece of sh1t, but still more than the $0 you get back from renting a cheap piece of sh1t.

You seem to want to compare renting a cheap piece of sh1t place versus owning a palace? What the heck does that have to do with the price of tea in China?

Says the guy who claims all his homeowner expenses are wrapped up in his $2000 mortgage payment. 

HFS there are some dummies that post on this low rent message board. 

[MDC 7,418]

14 hours ago, seafoam1 said:

Let me fill you in on how this all started. I mentioned once a while back that I rent, and worms and mdcack attacked me.

For the record, I made fun of you for your retarded take that renting is somehow a better investment than owning. That and your lies about retiring at 50. 

HTH!  

[edjr 6,580]

Wait. I was told here the values of houses will NEVER go down? BUY BUY BUY!!

[seafoam1 3,022]

1 hour ago, MDC said:

For the record, I made fun of you for your retarded take that renting is somehow a better investment than owning. That and your lies about retiring at 50. 

HTH!  

I get it. You could never even imagine being so well off like I am. Your piddly shlt job only pays minimum wage and all. But that's what you get for spending the last 30 years of your life on this site 24x7x365. Even on Christmas and Thanksgiving. Sorry piss boy. Now move along. 

[thegeneral 3,209]

Someone needs to go back on “vacation”, def wasn’t suspended , place was much better!

[IGotWorms 4,058]

1 hour ago, Jose M said:

We've already covered that.  Try to keep up:

 

Says the guy who claims all his homeowner expenses are wrapped up in his $2000 mortgage payment. 

HFS there are some dummies that post on this low rent message board. 

Where did I make that claim, dummy?

[Jose M 125]

3 minutes ago, IGotWorms said:

Where did I make that claim, dummy?

Oooooof

18 hours ago, IGotWorms said:

You always say this and it ignores that you can do both.

Let me make it real simple for you.

Let’s say you’ve got $2,000 budgeted for housing and $1,000 budgeted for other investments each month.

You:

- $2,000 on rent over 30 years = $0 at end 

- $1,000 on investments (let’s say 10% rate of return using s&p 500) = $2 million

Me:

- $2,000 on a mortgage over 30 years = $1.2 million (assuming $400k house at national average of 3.8% appreciation per year)

- $1,000 on investments (let’s say 10% rate of return using s&p 500) = $2 million

 

Total for you = $2 million

Total for me = $3.2 million

 
Hey $2 million isn’t horrible, but I win.

 

[IGotWorms 4,058]

Just now, Jose M said:

Oooooof

 

That was a hypothetical you fockin tard

[Jose M 125]

13 minutes ago, IGotWorms said:

That was a hypothetical you fockin tard

A hypothetical brought by you.  Not my problem you used kindergarten math. 

[WhiteWonder 2,735]

a thread we all knew couldn't keep horsenuts away 

[MDC 7,418]

1 hour ago, seafoam1 said:

I get it. You could never even imagine being so well off like I am. Your piddly shlt job only pays minimum wage and all. But that's what you get for spending the last 30 years of your life on this site 24x7x365. Even on Christmas and Thanksgiving. Sorry piss boy. Now move along. 

Yeah, that’s why everyone on or offline hates you and wishes you were dead. It’s not cause you’re a cretin and a total focking loser.

We’re jealous.  

 

[seafoam1 3,022]

22 minutes ago, MDC said:

Yeah, that’s why everyone on or offline hates you and wishes you were dead. It’s not cause you’re a cretin and a total focking loser.

We’re jealous.  

 

Do you call your wife "mommy" now that's she's letting you stay at her place?  

Is that the source of your underlying anger little man? 

[thegeneral 3,209]

2 hours ago, seafoam1 said:

I get it. You could never even imagine being so well off like I am. 

yikes

[seafoam1 3,022]

2 minutes ago, thegeneral said:

yikes

Poor generalpimpledoosh. 

[thegeneral 3,209]

1 minute ago, seafoam1 said:

Poor generalpimpledoosh. 

Retired guy spends his time on here doing this when he’s not on vacation

Ouch!

[seafoam1 3,022]

2 minutes ago, thegeneral said:

Retired guy spends his time on here doing this when he’s not on vacation

Ouch!

what?

[thegeneral 3,209]

3 minutes ago, seafoam1 said:

what?

People who tell you how rich they are in the manner you do are either scumbags or lying. Just a tip.

[seafoam1 3,022]

14 minutes ago, thegeneral said:

People who tell you how rich they are in the manner you do are either scumbags or lying. Just a tip.

You, a raging liberal, thinking I'm a scumbag, only helps to confirm my good standing. 

[thegeneral 3,209]

4 minutes ago, seafoam1 said:

You, a raging liberal, thinking I'm a scumbag, only helps to confirm my good standing. 

Exhibit A of brainwashed individual.

[Hardcore troubadour 15,427]

28 minutes ago, thegeneral said:

People who tell you how rich they are in the manner you do are either scumbags or lying. Just a tip.

This guy.  Won’t stfu about how good his wife is doing.  

[thegeneral 3,209]

1 minute ago, Hardcore troubadour said:

This guy.  Won’t stfu about how good his wife is doing.  

Is this what your imaginary friends tell you

[Maximum Overkill 1,988]

Buy, buy, buy real estate and lease your Boats and vehicles. 

You're welcome  

 

[Hardcore troubadour 15,427]

1 hour ago, thegeneral said:

Is this what your imaginary friends tell you

No. Your friends from football guys did. I guess your wife carrying the economic load has allowed you to post on message boards all day.  

[thegeneral 3,209]

1 minute ago, Hardcore troubadour said:

No. Your friends from football guys did. I guess your wife carrying the economic load has allowed you to post on message boards all day.  

Oh well I’m sure you know all about me you focking weirdo

I am an impressive multi-tasker, however.

[GutterBoy 2,899]

3 minutes ago, Hardcore troubadour said:

No. Your friends from football guys did. I guess your wife carrying the economic load has allowed you to post on message boards all day.  

Says the unemployed guy whose wife works all day

[Hardcore troubadour 15,427]

Just now, thegeneral said:

Oh well I’m sure you know all about me you focking weirdo

I am an impressive multi-tasker, however.

I don’t know it all, but it appears you’re a very busy guy with your work.  Be sure to take a break from time to time. 

[Hardcore troubadour 15,427]

Just now, GutterBoy said:

Says the unemployed guy whose wife works all day

I’m not unemployed. I’m semi retired now. It’s all good. Are you going to try anymore or just lie all the time now? 

[thegeneral 3,209]

Just now, Hardcore troubadour said:

I don’t know it all, but it appears you’re a very busy guy with your work.  Be sure to take a break from time to time. 

Don’t worry about me, sweetheart. I do ok!

 

[GutterBoy 2,899]

1 minute ago, Hardcore troubadour said:

I’m not unemployed. I’m semi retired now. It’s all good. Are you going to try anymore or just lie all the time now? 

What's your job?

[Hardcore troubadour 15,427]

Just now, GutterBoy said:

What's your job?

Not much. Walk around and vacation money. I took care of the money part of my life a long time ago.  Had great advice. 

[seafoam1 3,022]

53 minutes ago, thegeneral said:

Don’t worry about me, sweetheart. I do ok!

 

"Ok". I'm sure of that. 

"Ok" is working til you're 75 to be able to eat. 

[thegeneral 3,209]

11 minutes ago, seafoam1 said:

"Ok". I'm sure of that. 

"Ok" is working til you're 75 to be able to eat. 

You have already told us your great wealth

Not impressed!! I’m happy you are happy though. 

[seafoam1 3,022]

10 minutes ago, thegeneral said:

You have already told us your great wealth

Not impressed!! I’m happy you are happy though. 

what? You seem desperate. 

[thegeneral 3,209]

3 minutes ago, seafoam1 said:

what? You seem desparate. 

Not impressed Peefoam. But I’m happy for you.

[seafoam1 3,022]

Just now, thegeneral said:

Not impressed Peefoam. But I’m happy for you.

Poor boy wanting golden showers. At least you are open about it. 

[thegeneral 3,209]

10 minutes ago, seafoam1 said:

Poor boy wanting golden showers. At least you are open about it. 

I think you are busted again. Try rebooting!

[Hawkeye21 2,399]

I've always considered buying to be the best option in most cases.  If I had the money I would buy up as much land as I could.

[edjr 6,580]

4 hours ago, Hawkeye21 said:

I've always considered buying to be the best option in most cases.  If I had the money I would buy up as much land as I could.

@ FFT money is no object